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Juniper (JNPR Quote) is said to be out of the running for a new networking gear order by AT&T (T Quote). The apparent winner, according to analysts, is archrival Cisco (CSCO Quote).
In a research note Tuesday, UBS analyst Nikos Theodosopoulos downgraded Juniper to neutral from buy on concerns that the stock's 38% rise this year has some potential downside. One particular threat to Juniper's gains is the potential loss of a huge customer.
"Our contacts suggest Juniper may have recently lost on a routing opportunity at AT&T vs. Cisco," Theodosopoulos wrote. ...
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